{"id":369121,"date":"2026-04-08T07:11:18","date_gmt":"2026-04-08T07:11:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/369121\/"},"modified":"2026-04-08T07:11:18","modified_gmt":"2026-04-08T07:11:18","slug":"bhp-locked-in-stiff-iron-ore-price-talks-with-chinas-state-owned-buyer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/369121\/","title":{"rendered":"BHP locked in stiff iron ore price talks with China&#8217;s state-owned buyer"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/markets\/commodities\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Commodities<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">Consolidated procurement and waning demand give Beijing an edge in negotiations<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/04\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/4\/2.jpeg\" alt=\"20260406N BHP iron ore\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">Ships wait to be loaded with iron ore in Western Australia. Australia&#8217;s resource majors are taking different approaches to negotiations with China. \u00a9 Reuters<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">SYDNEY &#8212; Australia&#8217;s major resource producers are coming under pressure from China on iron ore prices, with a Chinese state-owned procurer curtailing purchases from BHP Group while other Australian mining giants reportedly agree to change pricing benchmarks.<\/p>\n","protected":false},"excerpt":{"rendered":"Commodities Consolidated procurement and waning demand give Beijing an edge in negotiations Ships wait to be loaded with&hellip;\n","protected":false},"author":2,"featured_media":369122,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[12913,138,3239,4413,219,25370,34438,111,139,69,99439,3333,193373,107847,301],"class_list":{"0":"post-369121","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-bhp","9":"tag-business","10":"tag-buyer","11":"tag-chinas","12":"tag-economy","13":"tag-iron","14":"tag-locked","15":"tag-new-zealand","16":"tag-newzealand","17":"tag-nz","18":"tag-ore","19":"tag-price","20":"tag-state-owned","21":"tag-stiff","22":"tag-talks"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/369121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=369121"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/369121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/369122"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=369121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=369121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=369121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}